Singapore Airlines raises fuel surcharge
A Reuters report says that Singapore Airlines, the world’s biggest airline by stock market value, said on Thursday that it would raise the surcharge on tickets due to rising jet fuel prices in recent months.
The state-controlled company said in a statement that it would raise the charge by $9 to $98 per sector for flights between the city-state and the United States and Canada.
The charge will increase by $2 to $22 for flights from Singapore to regional destinations including Malaysia, Thailand, Vietnam, Indonesia and the Philippines.
The charge will be raised by $5 to $63 on all other flights.
“The price of jet fuel is now hovering around US$90 per barrel, compared to US$81 per barrel when the surcharge was last revised in May,” the airline said.
The new fuel surcharges will be implemented from August 2.
Report by The Mole
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